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Bank of England Holds Rates at 3.75% But Signals It Is Ready to Act

CPIInflationhas risen to 3.3 per cent, well above the Bank's 2 per cent target, and is likely to climb further over the coming months as the effects of higher energy prices feed through into household andBusinesscosts. The MPC has been clear thatMonetary Policycannot directly …

Ankur Sharma | 01 May 2026

Babcock International: Defence Tailwinds and AUKUS Submarines Power a 35% Gain

For investors, the past year has combined fundamental delivery with a powerful narrative. UK and allied defence budgets are rising, programmes are being accelerated, and Babcock's engineering and through-life support capabilities at HMNB Devonport, HMNB Faslane, and Rosyth are central to the UK's submarine …

Ankur Sharma | 01 May 2026

Auto Trader: A 42% Drop as AI Anxiety Meets a Tougher Pricing Year

Two strands explain the move. The first is fundamental: doubts about pricing power into the 2026 financial year, the rollout pace of newer products such as Deal Builder, and how aggressive the company can afford to be in pushing automotive retail customers to higher …

Ankur Sharma | 01 May 2026

Associated British Foods: Primark Stutters, Sugar Slumps and a Demerger Looms

A modest fall in a year of meaningful changeAssociated British Foods has had what many investors might politely call a "transition" year. The shares are down 9.33% over the twelve months to 1 May 2026, lagging the FTSE 100's 21.36% advance over the same …

Ankur Sharma | 01 May 2026

Anglo American: A Year of Transformation and a Trans-Atlantic Mining Champion in the Making

A 73% gain that reflects a complete corporate makeoverAnglo American has not so much had a year as undergone a corporate metamorphosis. Over the twelve months to 1 May 2026, the shares are up 73.38%, comfortably outpacing the FTSE 100 and re-rating the company …

Ankur Sharma | 01 May 2026

Alliance Witan: A New FTSE 100 Multi-Manager Trust Settles Into Its Stride

A trust born of a high-profileMergerAlliance Witan is one of the FTSE 100's youngest names, even though its constituent parts have been around for well over a century. The trust was formed on 9 October 2024 by combining the long-running Alliance Trust and WitanInvestmentTrust …

Ankur Sharma | 01 May 2026

Private Credit Giant Ares Pulls in Nearly $20bn as Investor Demand Grows

Ares Management has pulled in close to $20bn of freshCapitalin the first quarter of 2026, with the bulk of new money flowing into its privateCreditFranchiseand pushing totalAssetsunder management deeper into the hundreds of billions of dollars. The result, disclosed alongside the firm's quarterlyEarnings, is …

Ankur Sharma | 01 May 2026

NatWest Profits Hit £2bn as UK Bank Benefits from Slower Rate Cuts

NatWest has delivered a robust start to 2026, reporting operating profit before tax of £2bn for the first quarter, up from £1.8bn in the same period last year and just ahead of analyst expectations. Attributable profit of £1.43bn beat consensus of £1.34bn,Earnings-per-share/">EarningsPer Sharerose 15.5 …

Ankur Sharma | 01 May 2026

Big Tech's AI Spending Boom Raises Questions Over Future Payback

The headline figures are striking. Amazon's capex budget for the year is expected to reach around $200bn, more than any of its megacap technology peers. Alphabet has guided to up to $185bn for the year. Meta has lifted its capex plans to a range …

Ankur Sharma | 01 May 2026

Trump Drops Scotch Whisky Tariffs 'In Honour' of King Charles

The decision removes the 10 per cent baselineTariffthat has applied to Scotch whisky imports under the broader US-UK trade arrangement put in place in 2025, and unwinds a separate set of restrictions linked to the trade in wooden barrels used to age both Scotch …

Ankur Sharma | 01 May 2026

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